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Things worth reading: 25th September 2020

Things we’re reading today include … National Australia Bank will pay you to break its systems The steak and wine court case behind new bank lending rules What $2tn in possible corrupt activity reveals about Kleptopia | Tom Burgis Hundreds of City firms at risk of collapse because of Covid, …

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Things worth reading: 24th September 2020

Things we’re reading today include … Wells Fargo’s Charles Scharf apologises over race comments JPMorgan in talks to settle spoofing claims for $1bn ‘My bank is shutting my account because of Brexit’ Westpac handed record fine worth £722m – for breaching money-laundering laws 23 million times HSBC, Goldman Sachs and …

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Things worth reading: 23rd September 2020

Things we’re reading today include … Bank of England to propose simpler rules for small banks The financial watchdog may have finally brought insurers to heel Brexit and the City: Brussels’ new battle to rival London in finance Could churches double up as bank branches in cash-stricken areas? NatWest unveils …

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Things worth reading: 22nd September 2020

Things we’re reading today include … Bank of the Future, Mapped by McKinsey Starling Bank’s Anne Boden: ‘We’ve always had a model that was going to be profitable’ Federal Reserve starts effort to update bank fair lending rules Europe’s fintechs facing an ‘existential threat’, says McKinsey Thousands of Britons living …

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Things worth reading: 21st September 2020

Things we’re reading today include … Brits in EU risk losing UK bank accounts ‘within weeks’ Deutsche Bank: Suspected of facilitating funds to ISIS in Iraq Leaked docs: Arab Bank was involved in potential terrorist financing until 2016 FinCEN Files: HSBC moved Ponzi scheme millions despite warning Leveraged ETP popularity …

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Things worth reading: 18th September 2020

Things we’re reading today include … UK interest rates likely to fall below zero in 2021 Bank of England talks negative interest rates in best ‘ad’ for Bitcoin Kraken Cryptocurrency Exchange Plans to Be Global Bank Swedish bank cuts branches and jobs, increases IT spend NatWest revealed as worst bank …

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Things worth reading: 17th September 2020

Things we’re reading today include … Will the BoE inject more stimulus into the UK economy? British Business Bank boost business loans by 21% over 2020 Former Bank of England Governor Mark Carney adds to his wealth by joining PIMCO Banks report surge in impersonation scams Bank profits to take …

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Things worth reading: 16th September 2020

Things we’re reading today include … Relief for City as EU extends bank access to London clearing houses UK banks sign Fintech Pledge This time the insurance industry lost after reading the small print | Nils Pratley EY chairman admits ‘regret’ over Wirecard failures in letter to clients Klarna becomes …

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Things worth reading: 15th September 2020

Things we’re reading today include … CREST problems return, Bank of England delays gilt buy-back Consumer Trust in Digital-Only Banks Falls During Lockdown 3x Faster Than High Street Banks Banks aren’t dealing with financial abuse. Monzo has an answer Lloyds to experiment with office changes France and Germany call for …

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Things worth reading: 14th September 2020

Things we’re reading today include: Climate Stress Tests Will Eventually Influence Bank Capital Quarter of bank branches will close in coming three years Investors call for end to ban on dividends Now banks are charging you interest on your savings Google must act on scam money adverts, Which? says Hedge …

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Things worth reading: 11th September 2020

Things we’re reading today include … Credit Suisse to launch Revolut and N26 digital banking rival Despite COVID, junior bankers’ compensation hiked to £86k+ Starling Bank launches Kite cards for kids Businesses are more likely to join a fully digital bank Citi names Jane Fraser new chief in Wall Street …

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Things worth reading: 10th September 2020

Things we’re reading today include … Starling has recruited 100 staff at its new Cardiff hub since March Bank of Scotland offices on market for £80m JPMorgan fires employees who took Covid relief funds Lloyds to cut hundreds of UK jobs as it revives restructuring plans Wall Street bids a …

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Things worth reading: 9th September 2020

Things we’re reading today include … Retail and digital customers ‘dissatisfied ‘ – which banks rank lowest? Lloyds bank rapped for forcing small businesses desperate for Covid loans to open fee-paying business accounts Chile bank shuts down operations after being hit by ransomware How philanthropy benefits the super-rich When banks …

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